2. Industrial growth slows down

In the first quarter of this year, the value added of industrial enterprises above designated size grew by 8.7 percent year-on-year based on comparable prices, yet the growth rate was 0.8 percentage points down from the same period last year.

In terms of ownership types, the number of state-owned and state-controlled enterprises grew by 4.5 percent; that of collectively-owned enterprises grew by 3.1 percent; enterprises in joint venture expanded by 10 percent; and foreign-funded enterprises, including those funded by businessmen from Hong Kong, Macao and Taiwan, went up by 7.8 percent.

In terms of sectors, the added value in China's mining sector went up by 3.3 percent year-on-year; manufacturing went up by 9.9 percent; while electricity, heat, gas, pipe water, and other supplies in combination grew by 4.5 percent.

In terms of regions, growth in the eastern area increased by 8.1 percent year-on-year; that in the central area by 8.9 percent; and that in the western area by 10.4 percent.

In terms of products, the productions for 324 kinds of products, of the overall 464 in calculation, expanded.

In the first quarter, sales rates for enterprise above designated size reached 97.1 percent, down by 0.1 percentage point compared with the same period last year. Also in Q1, the sales value of exports reached 2.5773 trillion yuan, up by 4.2 percent year-on-year.

In March alone, the enterprise above designated size expanded by 8.8 percent compared with the same period last year, and 0.81 percent compared with February of this year.

From January to February, profits from enterprises above designated size reached 779.3 billion yuan, up by 9.4 percent year-on-year. In this statistics, the revenue of prime operating contributed 739.6 trillion yuan, an 8.4 percent rise compared with last year. For every 100-yuan in revenue coming from the prime operating of enterprise above designated size, the cost was 85.18 yuan to achieve a profit margin of 5.28 percent.

3. Fixed-asset investment growth slowed down from a high level

In the first quarter, fixed-asset investment (excluding rural households) reached 6.8322 trillion, representing a year-on-year nominal growth of 17.6 percent, or 16.3 percent adjusted for inflation factor. The growth rate was down by 3.3 percentage points compared with the same period last year.

State-owned and state-controlled investment reached 2.0644 trillion yuan, up by 14.5 percent; non-governmental investment reached 4.4303 trillion yuan, up by 20.9 percent, which accounted for 64.8 percent of the total investment during the period.

In terms of regions, investment in eastern area went up by 16.4 percent; that in central part by 20.2 percent; and that in western area by 19.1 percent -- all on a year-on-year basis.

Investment in the primary industry registered 117 billion yuan, up by 25.8 percent; that in secondary industry stood at 2.8254 trillion yuan, up by 14.7 percent; and that in the tertiary industry, 3.8898 trillion, up by 19.6 percent.

The availability of funds in Q1 was 9.5744 trillion yuan, increasing by 12.8 percent, in which that from the national budget grew by 18.2 percent; that from domestic loans went up by 15.3 percent; that from self-funding up by 15.6 percent; and that from foreign investment down by 6.2 percent.

New projects in Q1 reported a total investment of 5.5015 trillion yuan, up by 12.6 percent year-on-year. Fixed-asset investment (excluding rural households) for March alone was 1.24 percent higher than that for February.

Real estate investment was 1.5339 trillion yuan in Q1, representing a 16.8 percent nominal increase, or 15.5 percent considering price factors. Housing investment went up by an inflation-adjusted 16.8 percent. The floor space for newly launched housing projects was measured at 290.9 million square meters, down by 25.2 percent, in which that for residential housing went down by 27.2 percent.

In the same period, commercial housing sales stood at 201.11 million square meters, down by 3.8 percent year-on-year, in which that for residential purposes dropped by 5.7 percent.

Commercial property sales reported 1.3263 trillion yuan, a 5.2 percent retreat from last year, including a 7.7 percent drop in the residential housing sector.

In Q1, property developers purchased 59.9 million square meters of new land, down by 2.3 percent. By late March, a total of 521.63 square meters of new housing were for sale; this figure was 22.9 percent higher than that of last year. Also in Q1, available funds for developers stood at 2.8731 trillion yuan, representing a 6.6-percent rise.

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